Dubai: Expatriate remittances from Saudi Arabia reached $3.44 billion (Dh12.4 billion) in July, marking a 21per cent increase ...

Egypt's Prime Minister Mostafa Madbouly said on Thursday that a planned Saudi Arabian investment of $5 billion in Egypt is ...

Saudi Arabia's central bank cut its repo and reverse repo rates by 50 basis points to 5.50% and 5.0%, respectively. The move ...

CAIRO/DUBAI - Saudi Arabia's central bank, also known as SAMA, cut its Repurchase Agreement (repo) rate by 50 basis points (bps) to 5.50% on Wednesday, according to a statement, and its reverse repo ...

The Egyptian cabinet said in a statement on Monday that Saudi Crown Prince Mohammed bin Salman has directed the Saudi Public ...

Rate cuts align with Fed policies as Gulf currencies are mainly pegged to US dollar, except for Kuwait's dinar ...

DUBAI: Most stock markets in the Gulf ended higher on Thursday, after most central banks in the region cut their ...

Egypt aims to welcome 15.2mln tourists in 2024, he noted, adding that the ministry has a plan to draw in 30mln tourists ...

Saudi Arabia, the region's biggest economy, cut its repurchase agreement (Repo) rate and reverse repo rate by 50 bps each to 5.5% and 5.0% respectively, according to a central bank statement. The ...

Fed cut its rate by 50 bps on Wednesday as policymakers see another half a percentage point fall by end of this year ...

Egypt has been seeking large-scale investments as it tries to overcome a long-running economic crisis that led to record ...